Legal action to be taken against gold price manipulators: YGEA




Yangon Region Gold Entre­preneurs Association (YGEA) announced that departments concerned are investigating the cases of speculation in gold and action will be taken against dishonest speculators.


The actual gold price is be­low K2,700,000 in the gold mar­ket on 12 January but traders in the unauthorized market are manipulating the gold price up and down by spreading various rumours, YGEA stated.


YGEA also requested price manipulators not to spread ru­mours and not to manipulate the gold price as authorities con­cerned will take action against those who commit price manip­ulation. — TWA/MKKS

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